Public | |
Traded as | : NOC S&P 500 Component |
Predecessor |
|
Founded | 1994 |
Headquarters | 2980 Fairview Park Drive, West Falls Church, Virginia, United States |
Area served
|
Worldwide |
Key people
|
Wes Bush (Chairman, President and Chief Executive Officer) |
Products |
Military aircraft Military vessels Missile defense systems Satellites Information technology Advanced electronic sensors and systems |
Revenue | US$24.508 billion (2016) |
US$3.193 billion (2016) | |
Profit | US$2.220 billion (2016) |
Total assets | US$25.614 billion (2016) |
Total equity | US$5.259 billion (2016) |
Number of employees
|
67,000 (2017) |
Website | NorthropGrumman.com |
Northrop Grumman Corporation (: NOC) is an American global aerospace and defense technology company formed by Northrop's 1994 purchase of Grumman. The company was the fifth-largest defense contractor in the world in 2015. Northrop Grumman employs over 68,000 people worldwide. It reported revenues of $24.508 billion in 2016. Northrop Grumman ranks No. 124 on the 2015 Fortune 500 list of America's largest corporations and ranks in the top ten military-friendly employers. It is headquartered in West Falls Church, Virginia.
Northrop Grumman is made up of three business sectors: Aerospace Systems, Mission Systems, and Technology Services.
Aerospace Systems, headquartered in Redondo Beach, California produces aircraft, spacecraft, high-energy laser systems and microelectronics for the US and other nations. This includes surveillance and reconnaissance, protected communications, intelligence, battle management, strike operations, electronic warfare, and missile defense to Earth observation, space science and space exploration. The B-2 Spirit strategic bomber, the E-8C Joint STARS surveillance aircraft, the RQ-4 Global Hawk, and the T-38 Talon supersonic trainer are used by the US Air Force. The US Army uses Northrop Grumman's RQ-5 Hunter unmanned air vehicle, which has been in operational use since 1995. The U.S. Navy uses Northrop Grumman-built aerial vehicles such as the BQM-74 Chukar, RQ-4 Global Hawk based BAMS UAS, Grumman C-2 Greyhound, Grumman E-2 Hawkeye, and the EA-6B Prowler. Northrop Grumman provides major components and assemblies for different aircraft such as F/A-18 Hornet, F/A-18E/F Super Hornet and the EA-18G Growler.